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Private equity investor uses invoice finance facility in logistics firm deal
BUSINESS SALE

Private equity investor uses invoice finance facility in logistics firm deal

  • May 2024

Private equity investor Shilling Group has acquired a logistics firm based in Shropshire after securing a £2.75 million finance facility from Paragon Bank. The invoice facility enabled Shilling to raise finance against the debtor book of Simmonds Transport, which it used to support the acquisition ...

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